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Manyo Co (XKRX:439090) Interest Coverage : N/A (As of Mar. 2024)


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What is Manyo Co Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Manyo Co's Operating Income for the three months ended in Mar. 2024 was ₩4,063 Mil. Manyo Co's Interest Expense for the three months ended in Mar. 2024 was ₩0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Manyo Co's Interest Coverage or its related term are showing as below:

XKRX:439090' s Interest Coverage Range Over the Past 10 Years
Min: 9.09   Med: 519.9   Max: 755.66
Current: 9.09


XKRX:439090's Interest Coverage is ranked better than
50.94% of 1378 companies
in the Consumer Packaged Goods industry
Industry Median: 8.65 vs XKRX:439090: 9.09

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Manyo Co Interest Coverage Historical Data

The historical data trend for Manyo Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Manyo Co Interest Coverage Chart

Manyo Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 72.20 293.29 494.57 755.66 545.22

Manyo Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial No Debt 1.84 N/A N/A N/A

Competitive Comparison of Manyo Co's Interest Coverage

For the Household & Personal Products subindustry, Manyo Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manyo Co's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Manyo Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Manyo Co's Interest Coverage falls into.



Manyo Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manyo Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Manyo Co's Interest Expense was ₩-29 Mil. Its Operating Income was ₩15,862 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩113 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*15862.04/-29.093
=545.22

Manyo Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Manyo Co's Interest Expense was ₩0 Mil. Its Operating Income was ₩4,063 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩506 Mil.

GuruFocus does not calculate Manyo Co's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Manyo Co  (XKRX:439090) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Manyo Co Interest Coverage Related Terms

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Manyo Co (XKRX:439090) Business Description

Traded in Other Exchanges
N/A
Address
518 Gonghang-daero, Deungchon-dong, Gangseo-gu, Seoul, KOR
Manyo Co Ltd operates a cosmetics brand that sells naturalistic and functional skin care products made from natural ingredients. It engages in selling a wide range of products including cleansing, ampoule, essence, lotion, cream, eye cream, and other vegan cosmetics.

Manyo Co (XKRX:439090) Headlines

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